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Arias ended a six day trip to china, November 9, 2007
The president of Costa Rica, Oscar Arias, ended a six day trip through China. As part of his tour, he achieved a donation of $48 million from China. The money will be used to help the victims of the recent floods, to build a new National Stadium, and to finish the new road to San
Carlos (Alajuela). Also, there are promises and negotiations to promote tourism and investments.In relation to public finances, a possibility was unfolded that China, by using its immense reserves of foreign currency, will acquire Costa Rican bonds for more than $250 million in the next two years.
During its visit, Arias officially inaugurated in Peking the first embassy of Costa Rica in China. Arias said he felt “deeply proud to be the first president of my country that has the privilege to share with China and, at the same time, with the entire Asian continent, a little piece of our beloved Costa Rica.
”According to the president, “this embassy will be a symbol between China and Costa Rica, sign of friendship that unite us and of the ideals in which we both find home.
This house is small as Costa Rica, but it is also full of dreams and promises. This is a house of peace as Costa Rica, of freedom as Costa Rica, of tolerance as Costa Rica. ”In the same building, he also inaugurated the office of the Foreign Commerce Promoter (Procomer).
This entity is in charge of stimulating, promoting, and offering commercial exchange between Chinese and Costa Rican companies. Costa Rica is the first country in Central America to recognize that Taiwan is a Chinese province.
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